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GreenLight Metals signs binding term sheet with Barrick for staged earn-in at Kalium Canyon gold project.

Company Fundamentals
07 May 2026
Newsfile Corp
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Bullish
pluang ai news

GreenLight Metals has signed a binding term sheet with Barrick Mining for a staged earn-in and joint venture at the Kalium Canyon gold project in Nevada. Barrick can earn up to an 80% interest by funding exploration and pre-feasibility studies over several years, with GreenLight retaining significant upside. The deal validates Kalium Canyon's potential and leverages Barrick's expertise in Nevada's epithermal gold systems. Next steps include negotiating a long form agreement and advancing exploration under Barrick's funding and operation.

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